The top 5 most expensive places to live in the East Midlands
Thinking of buying a home in the East Midlands? We reveal the five most expensive places to live in the region.
There’s much to explore in the East Midlands, whether you’re looking for historical attractions, nightlife or family-friendly activities, and beautiful countryside.
Major cities in this region include Nottingham and Derby.
The average property price was £277,648, but if you have a bigger budget, you may be able to afford one of the most desirable areas in this region.
Rightmove has revealed the priciest areas in the East Midlands, based on data as of April 2024.
Where are the most expensive places to buy in the East Midlands?
The areas with the highest property prices are Derbyshire and Nottinghamshire, which dominate four of the five top spots.
| Area | Average asking price |
|---|---|
| Duffield | £521,109 |
| Hope Valley | £495,917 |
| Ravenshead | £468,615 |
| West Bridgford | £413,957 |
| Southwell | £406,037 |
Duffield
Duffield, a village in Derbyshire, has an average asking price of £521,109. It’s only a 10-minute train journey to the nearest city, Derby.
It’s located in the valley of the River Derwent, with many local restaurants and bars, and is a short drive from the Peak District.
Hope Valley
You’ll need around half a million to buy a property in Hope Valley, Derbyshire, as it has an average asking price of £495,917.
The area is nestled in the Peak District, offering spectacular views on walks covering the Mam Tor and the Great Ridge.
Nearby villages include Castleton, Edale and Hathersage, while the nearest city, Sheffield, is 40 minutes away by bus.
Ravenshead
Ravenshead is an affluent village in Nottinghamshire’s Hidden Valleys area, meaning it is an area of interesting historical and scenic value.
The average asking price in Ravenshead is £468,615, with nearby attractions including Newstead Abbey. It takes less than an hour to get to Nottingham by public transport.
West Bridgford
West Bridgford is a town in Nottinghamshire with an average asking price of £413,957.
It has a good mix of restaurants, independent shops and lots of family-friendly leisure activities at Holme Pierrepont Country Park.
The town is close to Nottingham city centre and two and a half hours away from London by public transport.
Southwell
Southwell is a market town in Nottinghamshire with an average asking price of £406,037.
It is often referred to as the 'jewel in Nottinghamshire's crown' and features independent shops and restaurants, with Sherwood Forest nearby.
Southwell is around an hour away from Nottingham and around three hours from London by public transport.
Buying a home is a huge decision you shouldn’t make alone.
It’s worth talking to a mortgage broker to make sure you get the best deal based on your circumstances.
See also:
The cheapest places to live in the East Midlands
The most expensive places to live in the West Midlands
The cheapest places to live in the West Midlands
:quality(20))